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Abdulla Almoayed, CEO of Tarabut Gateway, Supports UAE’s Minister of AI’s Call for International Regulation to Address Dangers
Abdulla Almoayed, CEO of Tarabut Gateway, weighing in on today’s remarks of Omar Al Olama, the UAE’s Minister of State for AI, Digital Economy and Remote Work Applications, on the dangers of unregulated artificial intelligence technology, he said:
“It is good to see Omar Al Olama – the world’s first Minister for AI – treating the potential dangers of AI seriously. While technological progress is impossible to stop at will, we must put in place forward-looking and flexible, but also rigorous, regulation of AI now. Minister Al Olama’s comparison of AI to nuclear technology is spot on in that nuclear fission has been both a huge blessing and a terrible threat to human societies. AI poses a similar challenge.
“Pushing for measured regulation, transparency requirements, and education on the ethical use of AI technology should be an international collaborative effort. We need to identify best practices and establish standards to be followed by corporations, governments, research institutes, and open-source developers worldwide.”
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- Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants Read more
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- intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency Read more
- Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets Read more
intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency
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APEXX Global Announces $10 Million Investment from Finch Capital to Accelerate Global Growth
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Clearwater Analytics and TreasurySpring Announce Platform Integration for Fixed-Term Cash Management
Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management and TreasurySpring, the global cash investment platform, today announced an integration that connects CWAN’s investment management platform directly with over 1,000 cash investment products from TreasurySpring, helping institutional clients manage surplus cash with defined maturity requirements.
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ING: AI Will Redefine Banking Careers
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ANZ Launches Agentic AI-Powered CRM to Transform Business Banking
ANZ is investing in its business banking experience by deploying Salesforce's Agentforce 360 platform within its new CRM tool
Bain & Company Acquires JJC Fintech to Enhance CLM, KYC, and AML Offerings for Financial Services Clients
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Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants
Lüt, a new financial ecosystem built for accessibility, reliability and growth with a first-of-its-kind closed-loop digital payments platform for cannabis and other high-risk industries, has announced its new partnership with leading financial services provider Safe Harbor to address one of the cannabis industry’s most persistent challenges: compliant and reliable payments. Through the collaboration, Lüt becomes a Safe Harbor Advantage Partner in closed-loop payment, expanding access to compliant, guaranteed-funds digital payments for cannabis and specialty merchants.
Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)
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OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M
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ComplyAdvantage Fintea Chats: Lucy Heavens on Compliance, Technology and the Future
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Chargebase Launches to Help Merchants Cut Chargebacks and Give Easy Access to Verifi and Ethoca Alerts
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